Al-Muhaidib
A Saudi-based private business group with activities spanning food distribution, retail, building materials, manufacturing, construction, real estate, financial services, and energy.
Last updated October 14, 2026
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Overview
Al-Muhaidib is a Saudi-based private group of companies whose origins lie in wholesale trading and whose activities have expanded across food, retail, industrial supplies, construction materials, manufacturing, contracting, real estate, financial services, and energy. The group traces its beginning to 1946, when Abdul Kadir bin Abdul Muhsin Al-Muhaidib established Abdulatif and Abdulkadir Al-Muhaidib Company. The original business focused on the wholesale distribution of building materials and foodstuffs, sectors closely connected to Saudi Arabia’s commercial and industrial development. The organization underwent several naming and structural changes as it grew. In 1959, it became Al-Muhaidib and Al-Nafea Company, and in 1979 it adopted the name A.K. Al-Muhaidib & Sons Group of Companies. Food distribution became one of the group’s most important growth platforms. Beginning in 1959 with the marketing and distribution of rice, the food business later broadened into other grains and pasta. Mayar Foods, formerly known as Al-Muhaidib Foods, developed into a specialist in rice marketing and distribution in Saudi Arabia and the wider Gulf region, while also distributing products such as Barilla pasta in Saudi Arabia. The group also developed a substantial retail presence. Its retail activities included Giant Stores, a chain that was later merged with Panda. The group’s historical interests in food and retail were connected with Savola Foods and Panda Retail, although these businesses have distinct corporate identities and ownership structures. The reference material describes Savola Foods as a major Saudi producer and marketer of edible oils and sugar and Panda as a large Saudi retail organization. These relationships should not be interpreted as meaning that every company mentioned is wholly owned by Al-Muhaidib today. Building materials and industrial products remain central to the group’s portfolio. Masdar Building Materials distributes steel, timber, cement, blocks, electrical products, plumbing products, and related construction supplies through a broad Saudi branch and warehouse network. Masdar Technical Supplies specializes in fasteners and fixing products, including bolts, nuts, washers, and related items made from metals and other materials. Al-Muhaidib Hardware operates showrooms and represents hardware brands, while Al-Muhaidib Metal Industries manufactures reinforcement steel, fabricated steel, building products, steel doors, and other metal products. Yamamah Steel is associated with steel manufacturing and supply, and United Wood Producers manufactures timber products, doors, kitchens, furniture, and other customized wood components for construction and commercial use. The group has also participated in contracting, infrastructure, property development, financial services, and energy-related ventures. Its contracting business was rebranded as Thabat in 2017 and has undertaken construction and infrastructure work in Saudi Arabia and the Gulf, including water networks, treatment facilities, schools, commercial buildings, housing, and industrial projects. The group’s property-related interests have included Al Oula Development and Rafal Real Estate, while its wider associated portfolio has included financial-services and power-and-water businesses such as SABB, Gulf Union, and ACWA-related entities. Because these businesses may involve associates, joint ventures, or independently organized companies, the Al-Muhaidib name represents a diversified business group rather than a single operating company. Al-Muhaidib’s geographic base is Saudi Arabia, but its businesses and partnerships have reached other Gulf, Middle Eastern, North African, Arab, and African markets. Its current board chairman is identified in the reference material as Sulaiman A. K. Al-Muhaidib. The group’s overall positioning is that of a family-founded Saudi investment and operating house combining trading heritage with industrial, infrastructure, consumer, and development businesses. Detailed current ownership, subsidiary control, financial results, and corporate website information are not established by the supplied sources.
History
Al-Muhaidib began in 1946 as Abdulatif and Abdulkadir Al-Muhaidib Company, founded by Abdul Kadir bin Abdul Muhsin Al-Muhaidib in Saudi Arabia. Its initial commercial activities centered on wholesaling building materials and foodstuffs. This combination established the two enduring foundations of the group: supplying materials for the country’s developing built environment and distributing staple consumer products. In 1959, the company changed its name to Al-Muhaidib and Al-Nafea Company. The same period marked the formal development of its food-distribution activity, particularly the marketing and distribution of rice. Rice became an important platform for expansion, eventually followed by other grains and pasta. The food business later operated as Al-Muhaidib Foods and was subsequently identified as Mayar Foods. Its activities included rice distribution in Saudi Arabia and the Gulf and the distribution of branded pasta products, including Barilla pasta in Saudi Arabia. The group expanded beyond wholesale distribution into retail. Giant Stores was developed as a retail chain associated with the group’s food activities and was later merged with Panda. The reference material also describes links with Savola Foods and Panda Retail, two major Saudi food and retail businesses. These entities are presented as associated or related businesses rather than as interchangeable names for the Al-Muhaidib parent group. In 1979, the organization adopted the name A.K. Al-Muhaidib & Sons Group of Companies. By then, building materials had become a major business line connected to Saudi industrialization and construction. The group developed companies serving builders, contractors, factories, and institutional customers. Masdar Building Materials broadened its range from steel and timber to cement, blocks, electrical supplies, plumbing supplies, and other products. Masdar Technical Supplies focused on fasteners and fixing materials, while Al-Muhaidib Hardware operated showrooms and acted as an agent for hardware brands. Manufacturing became another important component. Al-Muhaidib Metal Industries, established in 1982, developed factories producing reinforcement steel, fabricated steel, doors, and other metal and building products. Yamamah Steel supplied steel products from its industrial operation in Jeddah. United Wood Producers, incorporated in 1988, expanded into timber processing, doors, cabinets, roof and block products, kitchens, furniture, and customized woodwork. Its activities included traditional Najd-style furniture and fire-resistant doors manufactured to British fire-resistance standards. The group subsequently participated in contracting and infrastructure. Its contracting business was renamed Thabat in 2017. Thabat has been described as working on construction and infrastructure projects throughout Saudi Arabia and the Gulf, including water-treatment facilities, networks, schools, banks, housing, shopping centers, warehouses, and offices. The business also used techniques such as micro-tunneling for pipeline construction and participated in the rehabilitation and upgrading of wastewater-management infrastructure in Jeddah through a build-operate-transfer approach. It obtained Middle East and North Africa agency rights for specialized fire-fighting systems associated with oil and gas applications. Real estate and development activities included Al Oula Development and Rafal Real Estate. Rafal was established in 2007 with a focus on residential communities and commercial property and was associated with Burj Rafal in Riyadh. The group’s broader portfolio also included or was associated with companies in banking, insurance, power, and water development. The supplied material identifies SABB, Gulf Union, and ACWA-related businesses among these interests, but does not provide a complete current ownership map. The group therefore evolved from a Saudi wholesale trading company into a diversified private business house. Its portfolio reflects the country’s long-term demand for food distribution, construction materials, industrial production, infrastructure, property development, and utility services. The available reference identifies Sulaiman A. K. Al-Muhaidib as the current chairman of the board, but does not provide a full current executive roster or detailed information on present-day ownership and financial performance.
- 2017
Contracting business rebranded as Thabat
[1]Al-Muhaidib Contracting was rebranded as Thabat, continuing construction and infrastructure activities in Saudi Arabia and the Gulf region.
- 2007
Formation of Rafal Real Estate
[1]Rafal Real Estate was formed in Riyadh to develop residential communities and commercial properties.
- 1988
Incorporation of United Wood Producers
[1]United Wood Producers was incorporated and expanded into timber processing, doors, kitchens, furniture, architectural woodwork, and customized products.
- 1982
Establishment of Al-Muhaidib Metal Industries
[1]Al-Muhaidib Metal Industries was established and later developed manufacturing operations for reinforcement steel, fabricated steel, doors, and other metal products.
- 1979
Formation of the A.K. Al-Muhaidib & Sons group
[1]The organization adopted the name A.K. Al-Muhaidib & Sons Group of Companies as its activities broadened across food, materials, and related businesses.
- 1978
Establishment of Panda Retail
[1]Panda Retail was founded as a Saudi food-retailing business. The reference material connects the group’s retail history with Giant Stores and Panda, although current ownership relationships require separate verification.
- 1959
Name change and expansion into rice distribution
[1]The company became Al-Muhaidib and Al-Nafea Company and developed rice marketing and distribution as a core food-business activity.
- 1946
Founding of the original trading company
[1]Abdul Kadir bin Abdul Muhsin Al-Muhaidib founded Abdulatif and Abdulkadir Al-Muhaidib Company in Saudi Arabia, initially wholesaling building materials and foodstuffs.
Products and positioning
A diversified Saudi private business group combining food distribution, construction-materials trading, industrial manufacturing, contracting, real estate, and investments in financial and utility-related businesses.
Food distribution · 1959
Mayar Foods
Mayar Foods, formerly Al-Muhaidib Foods, is the group’s food-distribution platform. It began with rice marketing and distribution and expanded into other grains and pasta. The business serves Saudi Arabia and Gulf markets through sales and distribution operations and has distributed branded products such as Barilla pasta in Saudi Arabia.
Building-materials distribution
Masdar Building Materials
Masdar Building Materials supplies construction and industrial customers with steel, timber, cement, blocks, electrical products, plumbing products, and related materials. Its builder-merchant approach extends beyond basic steel and wood distribution to provide a broader package for contractors, builders, factories, and infrastructure projects.
Industrial hardware and fasteners
Masdar Technical Supplies
Masdar Technical Supplies specializes in bolts, nuts, washers, fasteners, and related fixing materials made from iron, steel, copper, aluminum, plastic, and galvanized materials. It serves industrial and construction customers through branches and warehouse operations in Saudi Arabia.
Hardware retail and distribution
Al-Muhaidib Hardware
Al-Muhaidib Hardware operates showrooms in Saudi Arabia and offers a broad range of hardware products. It also acts as an agent or representative for hardware brands, connecting international and local suppliers with construction and trade customers.
Metal manufacturing · 1982
Al-Muhaidib Metal Industries
Established in 1982, Al-Muhaidib Metal Industries manufactures reinforcement steel, fabricated steel, building products, steel doors, and other steel and aluminum products. Its operations have served Saudi, Gulf, and other regional markets.
Wood products and furniture · 1988
United Wood Producers
United Wood Producers makes timber products, doors, cabinets, roof and timber-block products, kitchens, furniture, and customized woodwork. Its portfolio includes traditional Najd-style furniture and doors designed to meet British fire-resistance standards, alongside products for construction companies and retailers.
Construction and infrastructure contracting · 2017
Thabat
Thabat is the name adopted in 2017 by the former Al-Muhaidib Contracting business. It undertakes construction and infrastructure work, including water-treatment facilities and networks, schools, housing, commercial buildings, warehouses, offices, and specialized pipeline projects. It has also used micro-tunneling and represented specialized fire-fighting systems for oil and gas applications.
Real estate development · 2007
Rafal Real Estate
Rafal Real Estate was established in Riyadh to develop residential communities and commercial properties. Its associated landmark development was Burj Rafal, a high-rise mixed-use and residential project in Riyadh.
Brand decisions
2017
Rebranded the contracting business as ThabatStrategyBackground
The group’s contracting operations had expanded into construction and infrastructure projects across Saudi Arabia and the Gulf.
Action taken
Al-Muhaidib Contracting was rebranded as Thabat, an Arabic name associated with stability.
Aftermath
Thabat continued the contracting business’s work on water, education, housing, commercial, industrial, and government-related projects.
1959
Made food distribution a core growth platformStrategyBackground
The group’s original wholesale business covered both building materials and foodstuffs. Rice distribution offered a scalable consumer-products platform in Saudi Arabia and the Gulf.
Action taken
The business developed rice marketing and distribution and subsequently broadened its food portfolio into grains and pasta.
Aftermath
Food became one of the group’s most important and fastest-growing areas, later supporting the development of Mayar Foods and retail activities.
Sources1 sources
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